Well im lowering my profit target now hehe 6105, i thought to myself yeah maby i should take off most at Round number but yip Mr. Clever again hehe.
No i was reasoning we might see return to moving avg there, as its in line with the 6116 high so i would of closed my whole position at very near the moving avg there, so im not so sure we will have to wait and see hey.
But as for biase going to the market, it would be lovly if it goes to 6120.
Sorry my post helpd absolutly nothing.
Cable Update (GBPUSD)
- #272,982
- Feb 25, 2011 7:20am Feb 25, 2011 7:20am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
O yeah bought just alittle above that doji there, how did you enter??
now ready to react on usa GDP preliminar
90% of traders use TA, indicators and prediction
- #272,984
- Feb 25, 2011 8:13am Feb 25, 2011 8:13am
Pple it looks like we might get the retrace of the H4 neckline on the back of the negative US data up tp abt 1.6210 before a further down move.... but don't think we might get much momentum today.
I aint averse to a short scalp though as u can see.
I aint averse to a short scalp though as u can see.
- #272,990
- Feb 25, 2011 8:51am Feb 25, 2011 8:51am
- | Joined Oct 2007 | Status: Trader | 1,236 Posts
I have got 4 shorts between 16167 and 16220.
price bounced directly off the monthly trendline which starts at 17040. I could see a major reversal off these highs. I do not see price getting above 16300 here.
After persuing a view posts here, I am comforted by the fact that so many here in the forum don't agree with me.
I could see 44 hours of consolidation before NFP but when it happens is somewhat irrelevant. That is the beauty of swing trading.
Cheerio
"Timing Is Everything. Really I Swear It Is"
- #272,991
- Feb 25, 2011 8:59am Feb 25, 2011 8:59am
- | Joined Oct 2007 | Status: Trader | 1,236 Posts
Still valid. This is just the beginning, 1.48 here I come!
"Timing Is Everything. Really I Swear It Is"
Now dat US data was for nought!!! and d H4 up trendline turned into resistance so sharply. 
- #272,994
- Feb 25, 2011 9:05am Feb 25, 2011 9:05am
- Joined Mar 2007 | Status: 'sleeping in a dumpster' | 2,151 Posts
- #272,996
- Feb 25, 2011 9:10am Feb 25, 2011 9:10am
- | Joined Apr 2010 | Status: AFRIKANER :D | 449 Posts
Still valid. This is just the beginning, 1.48 here I come!
i know they say go big or go home but hehe thats a huge. What about 1,55-1,54, wouldnt that be more aplicable, im not attacking you im just amazed i wouldnt have such large balls to leave a position open for so long.You trade weekly??
- #272,997
- Feb 25, 2011 9:13am Feb 25, 2011 9:13am
- | Joined Oct 2007 | Status: Trader | 1,236 Posts
[quote=fourxtrader;4430147]Could be. You still posting your 3 week old prediction that has
only moved 200 pips? I hope you're doing some scalping in the
[i][color=#0000ff]meantime.
What's the problem? One pair I have made "ONLY" 600+ pips in those 3 weeks. Did you perform better?
N.O.
PS Have a gander at my kiwi position. Have I made enough yet? Do I need to post my eur/gbp longs? Give it up boy, stick to changing bandages and leave the trading to the pros.
only moved 200 pips? I hope you're doing some scalping in the
[i][color=#0000ff]meantime.
What's the problem? One pair I have made "ONLY" 600+ pips in those 3 weeks. Did you perform better?
N.O.
PS Have a gander at my kiwi position. Have I made enough yet? Do I need to post my eur/gbp longs? Give it up boy, stick to changing bandages and leave the trading to the pros.
"Timing Is Everything. Really I Swear It Is"
- #272,998
- Feb 25, 2011 9:16am Feb 25, 2011 9:16am
- | Joined Oct 2007 | Status: Trader | 1,236 Posts
1,48?????????????????
You trade weekly??
Call it big coconuts or just small grapes, I just want to make everything I can off what I see in the charts. I see a test of the bottom monthly TL. If I see something in the charts that spooks me, I'll re evaluate.
"Timing Is Everything. Really I Swear It Is"
- #273,000
- Feb 25, 2011 9:26am Feb 25, 2011 9:26am
- | Joined Apr 2010 | Status: AFRIKANER :D | 449 Posts
In this case, I am trading off the weekly or even monthly chart.
Call it big coconuts or just small grapes, I just want to make everything I can off what I see in the charts. I see a test of the bottom monthly TL. If I see something in the charts that spooks me, I'll re evaluate.
.But we looking at the same thing right?
